I guess you don't make the Forbes 400 if you don't have any guts and Charles Dolan (Chairman Of Cablevision) is definitely putting his money where his mouth is. If it were his decision, I don't think he would've sold any of the Voom assets. But in today's corporate environment, risk is something to be avoided.
Here is an excerpt:
"Back in orbit: Cablevision Systems (nyse: CVC - news - people ) Chairman Charles Dolan is not quitting the satellite TV business after all. Dolan, who was forced by his board last month to sell the only satellite of Cablevision's fledgling Voom service to EchoStar Communications (nasdaq: DISH - news - people ) for $200 million, now plans to buy the remainder of Voom's assets."
Link To Complete Article
Forbes.com: Dolan: Cablevision Chair Buys Rest Of Satellite Ops His Board Sold To EchoStar:
